How can an ETF's trading price keep closely tracking the assets held by the fund?
Understanding ETF subscriptions and redemptions is worth taking the time to do.
ETF fund flows only reflect changes in fund shares. The side subscribing may be hedging elsewhere at the same time, so it can't simply be seen as new buying pressure.
Understanding the mechanics can help you avoid some pitfalls, but it can't replace position management.
Behind the fund shares of a spot Bitcoin ETF is the issuer's actual custody of $BTC .
#BTC
Understanding ETF subscriptions and redemptions is worth taking the time to do.
ETF fund flows only reflect changes in fund shares. The side subscribing may be hedging elsewhere at the same time, so it can't simply be seen as new buying pressure.
Understanding the mechanics can help you avoid some pitfalls, but it can't replace position management.
Behind the fund shares of a spot Bitcoin ETF is the issuer's actual custody of $BTC .
#BTC